Multilateral Development Banks Methodology – Revised Methodology Published
Johannesburg, 30 September 2017—Global Credit Ratings has published its Global Criteria for Rating Multilateral Development Banks (“MDBs”). This criteria report (the “Criteria”) is an update to the version published in September 2016. There are no significant amendments to the Criteria, apart from a refinement of the support assessment to capture recent initiatives by some MDBs to enhance the quality of callable capital from non-investment grade rated shareholders through credit risk mitigation mechanisms. The update of this Criteria will not have an impact on any existing ratings. Going forward, this Criteria will be applied to all ratings of MDBs.
Sector Head: Corporate and Public Sector Ratings
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